Friends Fellowship Community Inc

Analysis

Friends Fellowship Community Inc is a registered charity in United States, based in Richmond, IN. It received its IRS tax-exemption ruling in August 1967, 59 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Friends Fellowship Community Inc reported income of $11.2m and spending of $12.8m, spending 114% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $11.4m to $11.2m (-1.8%), an average of -0.5% a year. The sharpest change came in the year to September 2022, when income dropped by 17%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends Fellowship Community Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within IN. Charities of a similar size with the same main cause include Kids Voice of Indiana Inc ($11.2m), Springfield Day Nursery Corporation ($11.2m) and Community Vision Inc ($11.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.9% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $208k (1.6% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $29.1m against liabilities of $26.1m, net assets of $3.0m. It reported 276 employees.